Lesson 1 Flashcards

1
Q

Define a project

A

Creates a unique product, service or result.

Is time-limited

Drives change

Enables value creation for a business or organisation

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2
Q

What is a plan-based approach life-cycle?

A

Activities completed in distinct or linear fashion.

New phase only begins when the previous phase is completed.

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3
Q

What is change-based approach (Agile)?

A

Agile, incremental or iterative development

Timeboxed cadence (iterations / sprints) or continuous flow

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4
Q

Who authorises a project?

A

Project Sponsor

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5
Q

What does Portfolio Management do?

A

Aligns with business strategies

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6
Q

What does Programme Management do?

A

Controls components and interdependencies to realise benefit

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7
Q

What does Project Management do?

A

Enables achievement of organisational goals and objectives

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8
Q
A
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